Business

Baker Labels has invested more than £650,000 in two new Digicon Series 3 finishers from AB Graphic (ABG) to increase its capabilities and satisfy the increasing demands of its trade customers.

Johnston Press had “no significant update” for investors on its efforts to tackle £220m in bond-related debt, as it reported a 10% decline in revenue for the half-year.

Commercial printer Print Revolution has been acquired by Nottingham-headquartered creative agency Ginger Root.

PMG Print Management is set to take on the Coast-to-Coast cycling challenge to raise money for St David’s Hospice.

Coventry Building Society’s in-house print operation has invested in a B2 Horizon AFC-566FG fully automated combination folder to boost its production capabilities.

Hertfordshire-based commercial printer The Print Centre (TPC) has bolstered its in-house lamination capability by investing nearly £35,000 in a new Komfi Delta 52 industrial thermal B2 laminator.

HP Inc’s revenue increased by 12% year-on-year in Q3, from $13bn (£10.1bn) to $14.6bn, with its Printing division continuing its current growth with sales up by 11%, from $4.68bn to $5.19bn.

Strike action at Communisis’ cheque plant in Crewe has been suspended after management made a revised offer to Unite members in a bid to resolve the pay dispute.

STM Packaging Group has fallen into administration after becoming another victim of the ‘Blue Planet effect’.

German paper mill Zanders has invested around €7m (£6.27m) in converting its on-site power plant from hard coal to natural gas.